1601, Farhad Azizi Residence
Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Farhad Azizi Residence
What is 1601 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,049 sqft
- Parking
- P1-20, P1-21
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 30,500 /yr
- Last sold
- AED 1.81M · July 2022
- Building
- Farhad Azizi Residence
About 1601, Farhad Azizi Residence
1601 is a two-bedroom apartment of 2,049 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. The developer sold it on 1 July 2022 for AED 1,809,360, or AED 883 per sqft, 7% below the AED 947 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 95,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 30,500 a year.
Sales and rents for 1601 over time
1601 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Farhad Azizi Residence, and where 1601 sits
All 19 2-beds →1601 last sold in July 2022 at AED 883 per sqft, 7% below what two-beds in Farhad Azizi Residence were fetching at the time (AED 947). Over the last 12 months two-beds sold for AED 2,020,000, around AED 1,839 per sqft, and rent for AED 94,500 to 130,000 a year. 1601's AED 95,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Aug 20266 August 2026 | 1,098 sqft | 2,020,000 | 1,839 | ||
| 13 May 202513 May 2025 | 1,518 sqft | 4,943,000 | 3,255 | ||
| 15 Nov 202415 November 2024 | 1,068 sqft | 1,900,000 | 1,779 | ||
| 15 Mar 202415 March 2024 | 1,098 sqft | 1,880,000 | 1,711 |
Farhad Azizi Residence
Building89 apartments, studios to 3-bed over 17 floors in Al Jadaf, completed in 2022 by Azizi Developments. 49 sold in the last 12 months.
- Typical price per sqft
- AED 1,897 Up 4.2%
- Typical sale
- AED 811K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.1%
1601, Farhad Azizi Residence in numbers
- Sold once: by Azizi Developments on 1 July 2022 for AED 1,809,360, or AED 883 per sqft.
- Rented since November 2022 on 3 Ejari contracts, from AED 105,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 30,500 a year (AED 14.89 per sqft).
- Two-beds in Farhad Azizi Residence sold for AED 2,020,000–2,020,000 in the 12 months to November 2026; the building's median across all types is AED 1,897 per sqft.
Source: Dubai Land Department. Updated 10 November 2024.
Questions about 1601, Farhad Azizi Residence
What did unit 1601 last sell for?
AED 1,809,360 on 1 July 2022, sold by the developer: AED 883 per sqft for 2,049 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 95,000 a year on the contract renewed on 10 November 2024. The previous contract, from November 2023, was AED 105,000; the unit has been rented since November 2022.
How big is unit 1601?
2,049 sqft (190.4 sqm): a two-bedroom apartment of a 17-storey tower completed in 2022.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Farhad Azizi Residence sold for AED 2,020,000 to 2,020,000 in the last 12 months, around AED 1,839 per sqft.
Selling 1601? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1601, Farhad Azizi Residence
Starts from the last sale price (AED 1.81M, 1 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,809,360
- Deposit, UAE resident (20%)
- AED 361,872
- Deposit, non-resident (40%)
- AED 723,744
- Monthly over 25 years at 3.7%
- AED 7,403
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →